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Bitcoin, as a digital currency, operates independently of governments, with new coins being created, or “mined”, by computers solving complex equations to unlock their value.
Bitcoin does not yet meet the three essential criteria needed to become a true reserve currency. Bitcoin hoarding by a relatively small number of corporations and financial institutions limits its ...
Meanwhile, the U.S. dollar has been the worst-performing G-10 currency over the past month, spurring increased chatter about “de-dollarization” and likely helping drive Bitcoin back to $30,000 ...
June options expiry flushed out selling pressure and triggered a short squeeze, as traders who bet against bitcoin near the $110,000 to $120,000 range were forced to cover.
NEW YORK :Bitcoin rallied to another all-time high on Thursday helped by rising demand from institutional investors as well as friendly policies of the administration of U.S. President Donald ...